You have been provided with the following summarized accounts of Golden Times Ltd. For the year ended 31 March 2000:

Balance sheet as at 31 March 2000
Sh. Sh. Sh.
Fixed Assets:
Freehold property (Net Book Value) 480,000
Plant and machinery (Net Book Value) 800,000
Motor Vehicle (Net Book Value) 200,000
Furniture and fittings (Net Book Value)

1,680,000
Current Assets:
Stocks 1,000,000
Debtors 400,000
Investments

Current Liabilities:
Trade creditors 338,400
Bank overdraft 878,400
Corporation tax 176,000
Dividends payable





Financed by:
Authorized share capital – 800,000
Sh. 1 ordinary shares
Issued and fully paid: 400,000 Sh.1 400,000
Ordinary shares
Capital reserve 200,000
Revenue reserve 800,000
Loan capital: 400,000 10% Sh. 1 Debentures




Profit and loss account for the year ended 31 March 2000
Sh.
Sales (credit)

Profit after charging all expenses except interest on 440,000
debentures

Less: Debenture interest 400,000
Profit before tax

Corporation tax 224,000
Less: ordinary dividend proposed

Retained profit transferred to revenue reserve


The following additional information was available:
1. The purchases for the year were Sh. 2,160,000 while the cost of sales was Sh.3,000,000.
2. The market price for Golden Times Ltd. Ordinary shares as at 31 March 2000 was Sh. 5.
3. The company estimates the current value of its freehold property at Sh.1,100,000
Required:
Compute the following ratios for Golden Times Ltd:
(i) Return on capital employed.
(ii) The profit margin
(iii) The turnover of capital
(iv) Current ratio;
(v) Liquid ratio
(vi) Number of days accounts receivable are outstanding;
(vii) Proprietary ratio;
(viii) Stock turnover ratio;
(ix) Dividend yield ratio;
(x) Price earnings ratio